Author

Topic: Bitcoin dropped $10 fast after pump and dump (Read 813 times)

legendary
Activity: 3248
Merit: 1072
ordinary swing mate, demand is fighting supply, and apparently is winning this time

next time you should open a thread for something more significant, like an increase or decrease of 100 at least...
hero member
Activity: 504
Merit: 500
$10 is nothing, I think the price would raise $100 in this month

Exactly, and that's quite possible. When we get a big spike up like that, I know to layer bids down $8-15 underneath the spread, because irrational spikes like this always happen. And there is not enough bids on the book to keep the price up (momentarily). Snatch up them coins! Price won't stay down for long in a market like this.......
legendary
Activity: 812
Merit: 1000
its because people putting money into bitcoin upon greece news.I myself believe they should wait for some time to see real influx of money coming from greece and not react to such news spontaneously.

That way you will end up paying more, by the time you get in the price could easy double with such a volatile stock.
sr. member
Activity: 484
Merit: 250
HubrisOne
$10 is nothing, I think the price would raise $100 in this month
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
Showing a 267 now, just went to the washroom and came back, up 2$
This is crazy!
Going out for a walk right now, maybe when I get back it will be at 267,000???
I can only hope
legendary
Activity: 910
Merit: 1000
What's your point?  It's already going back up.
legendary
Activity: 1736
Merit: 1029
its because people putting money into bitcoin upon greece news.I myself believe they should wait for some time to see real influx of money coming from greece and not react to such news spontaneously.
This.  The problem is that it's much easier to make bitcoin drop than it is to make it rise, in my opinion.  If a dumper comes, idk, there might be a possibility that he'll scare the potential buyers away?  People getting excited but it might not have an actual direct effect at all, its currently just the drama making the chart dance.
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
Yea just saw that. It amazes to me how fast it went up and down. A couple dollars just like that.
I think theres gonna be a lot of ups and down with people betting and holding with the greece decisions
hero member
Activity: 854
Merit: 503
Legendary trader
I've been trading bitcoin since 2013. I learned not to chase a pump / buy near the top. Like always people will get burned...
sr. member
Activity: 279
Merit: 250
its because people putting money into bitcoin upon greece news.I myself believe they should wait for some time to see real influx of money coming from greece and not react to such news spontaneously.
newbie
Activity: 1
Merit: 0
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